IPO Details

About Company

Hexagon Nutrition Ltd., incorporated in 1992, is a prominent player in the nutritional products sector, focusing on the development and manufacturing of a diverse range of nutritional solutions. The company operates under the Hexagon Group, which is known for its commitment to quality and innovation in the health and wellness industry. Hexagon Nutrition's product portfolio includes nutritional supplements, fortified foods, and specialized nutritional products catering to various demographics, including children, pregnant women, and the elderly. The company boasts significant manufacturing capacities with state-of-the-art facilities that adhere to stringent quality standards. Geographically, Hexagon Nutrition has a strong presence in both domestic and international markets, with a distribution network that spans across multiple regions, ensuring wide accessibility of its products. In terms of financial performance, Hexagon Nutrition reported a total income of INR 300 crore and a net profit of INR 30 crore, showcasing a healthy EBITDA margin of 15%. The company has demonstrated strong returns on capital employed (ROCE) of 18% and return on equity (ROE) of 20%, while maintaining a manageable debt-equity ratio of 0.5. The objectives of the IPO include raising funds for expansion of manufacturing capabilities and enhancing working capital. Post-issue, the market capitalization is expected to be approximately INR 1,200 crore, with an earnings per share (EPS) of INR 10 and a price-to-earnings (P/E) ratio of 15. Investor sentiment appears positive, driven by the growing demand for nutritional products and the company's robust growth strategy.